The demographics of Deptford’s population

Deptford, located in Southeast London, has a rich history dating back to the 16th century. It was once a hub for shipbuilding and a thriving market town. Today, it is known for its diverse community, vibrant arts and culture scene, and the Deptford Market Yard, which offers a variety of food, clothing, and household goods. It is also home to several historical sites such as the St. Nicholas Church, which dates back to the 14th century, and the Deptford Dockyard, which played a significant role in the history of the Royal Navy.

Population

The population of Deptford is approximately 34,000. which is slightly lower than the average population size of a London borough town, which is approximately 75,000. However, Deptford’s population has been steadily increasing in recent years, with a growth rate of approximately 2% per year, which is on par with the London average.

The age of the population in Deptford is also worth noting. The area has a higher proportion of young adults aged 18-34, compared to the national average. This is likely due to the presence of several universities and colleges nearby, including Goldsmiths, University of London and Lewisham Southwark College. This demographic may be attractive to landlords looking to rent to students.

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Employment & Education

The employment rate in Deptford is slightly above the average for a London borough town. Around 70% of the population in Deptford is in employment, compared to the London average of 65% and the UK average of 75%, which suggests there is a stable demand for rental properties from working professionals.

The education level in Deptford is also above average. There are a number of schools and colleges in Deptford, including Goldsmiths, University of London, which is one of the largest providers of higher education in the area. This attracts a significant number of students to the area, providing landlords with a consistent demand for student accommodation.

Crime rate

Deptford has a lower crime rate compared to the national average, with only a small number of reported incidents of serious crime in the area. However, it is important to note that crime rate can fluctuate and it is always a good idea to check the latest crime statistics for the area.

Conclusion

Deptford is a diverse and vibrant area with a rich history. With a growing population, a high proportion of young adults, a high education level rate, and a strong rental market, it is a great opportunity for landlords looking to invest in a buy-to-let property. While the employment rate is slightly lower than the national average, the area has seen an increase in the number of people employed in professional, technical and managerial roles. Crime rates are low and the area is safe to live. Overall, investing in Deptford can be a good opportunity to take advantage of its growing population and strong rental market.

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